# Liminal funding: rounds and investors

> Liminal has raised $22M across 2 rounds since 2024. Investors include National Science Foundation, Draper Associates and Craft Ventures.

Source: https://millionrounds.com/company/liminal (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Liminal*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$22M** raised across 2 rounds since 2024, from 2 sources

**$10M** Venture **$12M** Venture

- **Latest round:** Venture, $12M Nov 2025
- **Step-up i:** 1.2×
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$10M** Venture

**$12M** Venture

- **First round:** Venture, $10M
- **Biggest round:** $12M
- **Between rounds:** 13 months

## The rounds

- **Nov 2025** Venture **$12M** *5 new* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [High Alpha](https://millionrounds.com/fund/high-alpha) Source recorded SEC filing: $4.0M sold, first sale Nov 2025
- **Oct 2024** Venture **$10M** *3 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) Source recorded

## Founders and team

From Liminal's own website: 2 founders, 2 on the team.

**Shaurjo Biswas** CEO, CTO, & Co-Founder

**Barry Van Tassell** Co-Founder, Liminal

- **Hema Sankar** Head of Product
- **Alex Pitzer** Software Engineering Director

Advisers *Andrew Hsieh* *Kenzo Nagai* *Minhye Mueller*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2024 **Venture** 2025 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [High Alpha](https://millionrounds.com/fund/high-alpha) [Good Growth Capital](https://millionrounds.com/fund/good-growth-capital)

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

[Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round

[Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) VC firm **1** round

[High Alpha](https://millionrounds.com/fund/high-alpha) VC firm **1** round

[Good Growth Capital](https://millionrounds.com/fund/good-growth-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=liminal).

## Quick answers about Liminal

### Who invested in Liminal?

Liminal's investors include National Science Foundation, Draper Associates, Craft Ventures, Fin Capital and Elemental Impact, and 3 more on record.

### How much has Liminal raised?

Liminal has raised $22M across 2 rounds since 2024.

### When did Liminal last raise?

Liminal's most recent round was a Venture of $12M in Nov 2025.

### What was Liminal's biggest round?

Its most recent round, $12M in Nov 2025, is also its largest on record.

### Who backed Liminal first?

Liminal's first round on record, in Oct 2024, was backed by National Science Foundation, Elemental Impact and Good Growth Capital.

### What stage is Liminal at?

Liminal's latest named round is a Venture, in Nov 2025.

### Where is Liminal based?

Liminal is based in the United States.

## Companies like Liminal

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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